Longi Green Energy to invest RMB6 bln in multiple monocrystal projects
2019-02-26 11:46

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Longi Green Energy Technology Co. (601012.SH) announced recently that it will invest overall 6 billion yuan in multiple monocrystal projects both at home and abroad.

According to the announcement, the company planned to invest 840 million yuan in a monocrystal battery project in Malaysia with an annual output capacity of 1 gigawatt (GW). The project is expected to generate 1 billion yuan of revenue and 96 million yuan of profits annually. 
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